Prepare for stormy tax weather — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
  • LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Prepare for stormy tax weather

Get PDF file

by on
in Small Business Tax

National Taxpayer Advocate (NTA) Nina E. Olson delivered her annual report to Congress on Jan. 14, 2015. (IRS Internal Release IR-2015-02, 1/14/15) For the most part, the news wasn’t good.

According to Olson, during the 2015 tax filing season, taxpayers can expect to experience the worst level of service seen in a decade. The NTA, which operates independently within the IRS, is placing most of the blame on recent budget cuts and reduced resources. Com­­bined with an extra workload for the IRS, due to the health care legislation and other factors, a “perfect storm” of trouble could be brewing for taxpayers.

Finally, in addition to addressing a host of other tax issues, Olson strongly urged Congress to codify a principles-based Taxpayer Bill of Rights. Previous versions haven’t been included in the tax law.

Related Articles...

Leave a Comment

Previous post:

Next post: